Satcube is tapping the company’s current success and is providing critical, portable communications to the United Nations, The Red Cross (ICRC), ITV, CBS News and more who are reporting on the ground in the Ukraine and helping to save lives.
In the leap from GEO to LEO satellite connectivity led by Starlink and Amazon, $47 billion was invested in 2021 to launch thousands of new LEO satellites. However, ground segment innovation experienced a meager $0.5 billion in comparison for that same time.
Citing a current lack of cost effective, easy to use, compact terminal solutions in the LEO market, as well as few terminal developments and limited scale in the GEO satellite market, Satcube’s aims to close the gap in the LEO satellite market by creating high quality, cost-efficient, portable, mobility and enterprise terminals that are designed, developed, and produced in Sweden.
Displaying 100% revenue growth from Q1 2021 to Q1-2022 during the global pandemic, Satcube — led by founder and CEO, Jakob Kallmer — has been working actively behind the scenes to bring critical connectivity to organisations. Among others, Kallmer’s team has ten active projects in the Ukraine, including media houses CBS News, ABC News, ITV News, Norwegian Television NRK and Danish TV channel TV2, plus International Red Cross Geneva, UNHCR and the U.S. and European Governments.
Satcube’s focus is a ”Terminals as a service” offering with intuitive user interfaces that anyone can operate. Built in software manages and operates terminals that are integrated with 5G and cloud services to become a seamless part of LEO connectivity. Automated, local production in Sweden will ensure a cost-efficient and secure supply chain.
“While there is enormous investment in satellite and space, there is very little investment in ground infrastructure and equipment, such as portable and mobility user terminals and viable e-commerce solutions, to satisfy the rapidly evolving LEO-market,” said Jakob Kallmer, Founder and CEO at Satcube. “Reaching the full potential of LEO satellites and broadened global connectivity will not be attainable before millions of user terminals on the ground are in operations, continues Kallmer. A supplier that can design reliable terminals at a far better price point than today will see a market for several million devices.”
The Swedish innovator currently employs a world class research and development team with proven academic and professional track record and 90 collective years of satellite engineering experience. Satcube is actively collaboration with research and development teams from leading universities in Sweden and Europe, and development project and collaborations sponsored by European Space Agency and Vinnova.
Satcube is a fast-growing Swedish technology company in the satellite communications industry. Focusing on developing game-changing terminals and services to enable high-speed broadband anywhere, quickly, and cost-effectively. Satcube headquarters are based in Gothenburg and its production facility is in Karlstad.